Best's News


Best’s News & Research Service subscription required - December 29, 2025 02:32 PM (EST)

NY Southern District: Excess Policy Applies to Apartment Fire Due to ‘Mutual Mistake’

A federal court ruled an excess policy must cover losses from an apartment building fire due to a mutual mistake that would result in illusory coverage if a residential construction exclusion was . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Fires New York Policy Exclusions Excess Liability Insurance Litigation


Latest News

FLORIDA
Florida Senate Bill Would Create Citizens Clearinghouse, Direct Commercial Premiums
Dec 30, 2025 04:17 PM (EST)
PEOPLE IN INSURANCE
W.R. Berkley Appoints Fire and Marine President
Dec 30, 2025 03:29 PM (EST)
BROKERS
Howden Now Facing Poaching Claims From Brown & Brown
Dec 30, 2025 03:13 PM (EST)
FINE ARTS
NY Court Dismisses $410 Million Fire-Damage Art Lawsuit; Appeal Pending
Dec 30, 2025 03:04 PM (EST)
FLORIDA
Legislation Would Revamp Florida Citizens Eligibility Rules, Mandate Some Rate Increases
Dec 30, 2025 02:59 PM (EST)

More from Best’s News


Trending

1
RENEWAL
Brokers: Jan. 1 Renewals Reveal Rate Softening
Dec 29, 2025 12:10 PM (EST)
2
CATASTROPHE BONDS
Liberty Mutual Sponsors $150 Million Catastrophe Bond
Dec 29, 2025 03:22 PM (EST)
3
MERGERS AND ACQUISITIONS
MetLife Completes Its Acquisition of PineBridge Investments
Dec 30, 2025 11:30 AM (EST)
4
EXCESS LIABILITY INSURANCE
NY Southern District: Excess Policy Applies to Apartment Fire Due to ‘Mutual Mistake’
Dec 29, 2025 02:32 PM (EST)
5
BROKERS
Howden Now Facing Poaching Claims From Brown & Brown
Dec 30, 2025 03:13 PM (EST)